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Find the inventory turnover ratio for Roberta company

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Question - During the past six months, Roberta sold goods costing $35,500, her expenses totaled $2,500 and her freight in totaled $750. Her company's average stock of goods during the same period was $9,500.

Required - Find the inventory turnover ratio for Roberta's company?

a) 3.74

b) 3.39

c) 3.55

d) 3.47

Reference no: EM132626381

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